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eric cantor now saying he opposes that bill. this is -- this as house democrats got a visit from mitch mcconnell and hammered out this deal. brett joins us now. how significant that cantor came out against this? >> good afternoon. it is very significant he said publicly that he opposes the senate bill. the real question is whether as house majority leader that he will be with other voters voting against a piece of legislation that hits the floor, or whether it moves to the floor at all. you heard the democratic leader, nancy pelosi, come out calling for an up or down vote as soon as possible. we don't know the plan for republicans. we are just getting word from the speaker's spokesperson saying there will be conversations throughout the afternoon suggesting this could take some time after the house gop caucus meeting we are told by reporters and producers up there that members were coming out saying it seemed likely that there would be a process to amend the senate bill, and then send it back with additional spending cuts. there
eric cantor now saying he opposes that bill. this is -- this as house democrats got a visit from mitch mcconnell and hammered out this deal. brett joins us now. how significant that cantor came out against this? >> good afternoon. it is very significant he said publicly that he opposes the senate bill. the real question is whether as house majority leader that he will be with other voters voting against a piece of legislation that hits the floor, or whether it moves to the floor at all....
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john boehner voted yes, his number two majority leader eric cantor voted no and there will be another fiscal fight over the next two months, that's when military cuts are due. they kicked them down the road. that battle will now be joined over the next 60 days and we'll see what we get in the end after that. arthel: there is a limit on how many ad advil you can take in one day. bill: then you have to shift to ae alieve. we talked about military cuts and cuts to medicare, none of that was addressed in the drama we just watched unfold, none of it. arthel: no. let's get to this now the medical scare for america's top diplomat, secretary of state hillary clinton remains in a new york hospital where she is being treated with blood thinners for a blood clot lodged between her skull and her brain. molly henneberg live in washington with more. >> reporter: doctors say secretary clinton is making excellent progress, is in good spirits and should make a full recovery. she remains in new york presbyterian hospital as doctors monitor that brain clos. the the blood thinners should resolve it. clin
john boehner voted yes, his number two majority leader eric cantor voted no and there will be another fiscal fight over the next two months, that's when military cuts are due. they kicked them down the road. that battle will now be joined over the next 60 days and we'll see what we get in the end after that. arthel: there is a limit on how many ad advil you can take in one day. bill: then you have to shift to ae alieve. we talked about military cuts and cuts to medicare, none of that was...
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Dec 27, 2012
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cantor who is next to him launching some kind of a coop at the moment. i don't know where it goes. but it seems that he is in a position where the republicans in the senate and the white house are really the ones who will negotiate the deal. you have ten or 19 in the senate. will he have a vote? >> eric: 32 bills passed out in the senate waiting for a vote. >> kimberly: this is ridiculous. imagine having the advantage. say you play basketball and five guys on your team and the other side has one player and you are still getting beat because you keep turning over the ball. that's what it seems like. they have. leadership crisis. there is a split within the party how to approach this. obama got to go on vacation in hawaii. >> eric: taxes revert to the bush tax cut expire and president obama says republicans look at this. tax cuts for everyone making under 250. can republicans say no to tax cut in 2013? >> andrea: it will be tough. not tougher than the p.r. battle they are fighting now. i think he wants that scenario, eric. i think obama thinks going off th
cantor who is next to him launching some kind of a coop at the moment. i don't know where it goes. but it seems that he is in a position where the republicans in the senate and the white house are really the ones who will negotiate the deal. you have ten or 19 in the senate. will he have a vote? >> eric: 32 bills passed out in the senate waiting for a vote. >> kimberly: this is ridiculous. imagine having the advantage. say you play basketball and five guys on your team and the other...
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then you've got eric cantor, the majority whip, voting against it. at the core, all the republicans had to hold their nose because they do not as a party like the idea of taxes going up on anybody. now the way it stands is if you are very successful and you make at least $400,000 a year, your taxes are going to go up to about 40%. for everybody watching this program now, your payroll taxes are going up. last year it was about 4.2% exactly, and starting this morning it's going to be 6.2% because they did not carve out 2%. keep in mind, the payroll tax hike is what funds social security. >>brian: you can't take too long of a holiday. social security is underfunded to begin with. most of us are counting on it for when we retire. that seemed to, everyone agree we should let that evaporate but we're going to feel that if you are a wage earner. >>juliet: whenever you talk about tax hikes and taxes, it comes down to your personal definition of what is fair share. let's hear what the president had to say on his principle. >> today's agreement enshrines, i th
then you've got eric cantor, the majority whip, voting against it. at the core, all the republicans had to hold their nose because they do not as a party like the idea of taxes going up on anybody. now the way it stands is if you are very successful and you make at least $400,000 a year, your taxes are going to go up to about 40%. for everybody watching this program now, your payroll taxes are going up. last year it was about 4.2% exactly, and starting this morning it's going to be 6.2% because...
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and eric cantor voting against the bill. the house whip voting against the bill and paul ryan voting for the bill. this is a real split. >> it is. it shows the schism and a real good demonstration of why it was so difficult for speaker boehner to negotiate a bigger, grander deal with the president. he was unable to get his own deal through the house a few weeks ago, and the negotiated deal that passed with overwhelming bipartisan support. 89 votes in the senate, didn't get the majority of the republicans in the house to sign on. what you are seeing is the difficulty played out for everyone to see of how difficulty it is for speaker boehner to get these kinds of bills passed through the house. >> quickly, given the schism that you outlined, this is the last day of the 112th congress and tomorrow is the big day for john boehner. how is it looking for them? >> i think it looks fine for him. a lot of grumbling among folks. he allowed everyone to vote their conscious. no one got forced into voting for something they didn't want t
and eric cantor voting against the bill. the house whip voting against the bill and paul ryan voting for the bill. this is a real split. >> it is. it shows the schism and a real good demonstration of why it was so difficult for speaker boehner to negotiate a bigger, grander deal with the president. he was unable to get his own deal through the house a few weeks ago, and the negotiated deal that passed with overwhelming bipartisan support. 89 votes in the senate, didn't get the majority of...
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newscast his number two, eric cantor, the majority leader voted no, and john boehner voted yes on final passage. now, jim, tomorrow is the formally election of the speaker. he's already been nominated. usually a formality. we have no reason to believe otherwise. but you've got to believe that somewhere down the line, he may be weak end here. that's why he's already looking forward to another fiscal clive. >> let's go back to the sandy spending bills. how did something like this happen? a lot of people are shaking their heads. did time just get away from it? >> that's part of t congress has a bad habit putting off the tough decisions until the last minute. they debated and voted on a p k package thought was vitally important. the problem was there were no offsets. it wasn't paid for. just emergency spending, and it would have added onto the debt. the senate passed it very late in the weekend, sent it over to the house of representatives. this was an indication they would put it on the floor, and that bill was passed, sent to the president. at the last minute it was pulled from the floor,
newscast his number two, eric cantor, the majority leader voted no, and john boehner voted yes on final passage. now, jim, tomorrow is the formally election of the speaker. he's already been nominated. usually a formality. we have no reason to believe otherwise. but you've got to believe that somewhere down the line, he may be weak end here. that's why he's already looking forward to another fiscal clive. >> let's go back to the sandy spending bills. how did something like this happen? a...
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cantor who is next to him launching some kind of a coop at the moment. i don't know where it goes. but it seems that he is in a position where the republicans in the senate and the white house are really the ones who will negotiate the deal. you have ten or 19 in the senate. will he have a vote? >> eric: 32 bills passed out in the senate waiting for a vote. >> kimberly: this is ridiculous. imagine having the advantage. say you play basketball and five guys on your team and the other side has one player and you are still getting beat because you keep turning over the ball. that's what it seems like. they have. leadership crisis. there is a split within the party how to approach this. obama got to go on vacation in hawaii. >> eric: taxes revert to the bush tax cut expire and president obama says republicans look at this. tax cuts for everyone making under 250. can republicans say no to tax cut in 2013? >> andrea: it will be tough. not tougher than the p.r. battle they are fighting now. i think he wants that scenario, eric. i think obama thinks going off th
cantor who is next to him launching some kind of a coop at the moment. i don't know where it goes. but it seems that he is in a position where the republicans in the senate and the white house are really the ones who will negotiate the deal. you have ten or 19 in the senate. will he have a vote? >> eric: 32 bills passed out in the senate waiting for a vote. >> kimberly: this is ridiculous. imagine having the advantage. say you play basketball and five guys on your team and the other...
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be eric cantor. he will not challenge. he is absolutely on board. host: david lightman, thank you as always for being with us. guest: thank you for having me. host: we will check in with you again and your dog. every friday we look at america by the numbers. today, we want to focus on the issue of hunger in america. "washington journal" continues. negotiations are resuming this afternoon at 3:00 p.m. eastern time. [applause] >> there are cynics said that a party platform is something nobody bothers to read and it does not amount to much. whether it is different this time than it has ever been before, i believe the republican party has a platform that is a banner of bold, unmistakable callers with no faded or pastel shades. >> you see the evolution of ronald reagan. he speaks in his speech about hope, a future without nuclear weapons, but it is more progressive and optimistic in 1976. you can see his anti-communism is evolving. his cultural view is evolving. he is not yet gained or acquired the tax cu
be eric cantor. he will not challenge. he is absolutely on board. host: david lightman, thank you as always for being with us. guest: thank you for having me. host: we will check in with you again and your dog. every friday we look at america by the numbers. today, we want to focus on the issue of hunger in america. "washington journal" continues. negotiations are resuming this afternoon at 3:00 p.m. eastern time. [applause] >> there are cynics said that a party platform is...
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even yesterday when i heard that eric cantor was going to try to scuttle a hard-fought deal that was overwhelmingly approved in the senate, it gave me again pause about what could happen this morning. i was prepared for a down 300, 400. but cantor, who momentarily was a sure candidate for the wall of shame if he kept up that stuff, he ultimately backed down and we got a deal that everyone dislikes, which is the essence of what it means to rise above politics. you're supposed to dislike it, for heaven's sakes, it's a compromise. right now about the pending battle over the debt ceiling other than the fact that the buyers weren't too scared of the upcoming big bad debt fight today. what makes me not so concerned? i know there are plenty of other people who will wouldorry about the debt ceiling. i don't have to do it. let them worry about it i worry about the things very few people are worried about. i acknowledge i'm fretting over, problems that are thought about in advance by everybody, they have a tendency to be resolved. remember the european nightmare, listen, kick the can, 29% in g
even yesterday when i heard that eric cantor was going to try to scuttle a hard-fought deal that was overwhelmingly approved in the senate, it gave me again pause about what could happen this morning. i was prepared for a down 300, 400. but cantor, who momentarily was a sure candidate for the wall of shame if he kept up that stuff, he ultimately backed down and we got a deal that everyone dislikes, which is the essence of what it means to rise above politics. you're supposed to dislike it, for...
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the house is coming back on sunday evening according to a republican source, eric cantor, the house majority leader making that announcement on a conference call just a couple of hours ago. so they will be in town. but still we're all waiting on some type of agreement from congressional and perhaps the president, leaders, to have some type of framework for democrats and republicans to vote on. right now we're not there, and so far both sides have taken to blaming one another. >> the house of representatives is operating without the house of representatives. it's being operated with a dictatorship of the speaker, not allowing the vast majority of the house of representatives to get what they want. if the 250 would be brought up, it would pass overwhelmingly. >> we wanted an agreement. but we had no takers. the phone never rang. and so now here we are five days from the new year and we might finally start talking. rich: so senate democrats want the house to pass their proposal. it passed a couple of months ago. it extends all current tax rates for income amounts on families of less than $250,0
the house is coming back on sunday evening according to a republican source, eric cantor, the house majority leader making that announcement on a conference call just a couple of hours ago. so they will be in town. but still we're all waiting on some type of agreement from congressional and perhaps the president, leaders, to have some type of framework for democrats and republicans to vote on. right now we're not there, and so far both sides have taken to blaming one another. >> the house...
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the top two republicans, speaker john boehner and eric cantor were split. also notable, budget chairman paul ryan voted yes. the final gop count, 151 against the bill and 85 in favor. >> it was all about maintaining, if you will, the status quo of kick the can down the road. >> there's no spending cuts. we're adding $4 billion a day to the debt. the senate will fail miserably in cutting spending. >> much better to make this deal now and move on to those other fights at the appropriate time, which is, by the way, just around the corner. >> some conservative pundits have been blasting republicans and newt gingrich tweeted "the gop has been engauged ged in a two-month dance of defeat and surrender. >> good morning, happy new year. >> good morning. >> happy new year. >> david, do you agree with your former boss? did republicans surrender? >> no, they were just faced with a very difficult choice. obviously in terms of the tax cuts, that's something that if republicans wanted to see go forward, we've been talking about that for years, it was originally a republic
the top two republicans, speaker john boehner and eric cantor were split. also notable, budget chairman paul ryan voted yes. the final gop count, 151 against the bill and 85 in favor. >> it was all about maintaining, if you will, the status quo of kick the can down the road. >> there's no spending cuts. we're adding $4 billion a day to the debt. the senate will fail miserably in cutting spending. >> much better to make this deal now and move on to those other fights at the...
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or so, after about a 20-minute meeting with the speaker john boehner and the majority lead eric cantor congressman peter king of new york met with reporters, listen to this, speaker and he said this. >> bottom line is that between friday morning and january 15th, two votes we'll bring $60 billion as absolutely necessary to new york, new jersey and connecticut. so as far as i'm concerned, i think i can speak to all members of the new york and new jersey delegations it was an extremely positive meeting. >> extremely positive meeting. are you satisfied with day surances that congressman king got? >> have a lot of respect for congressman member king. i won't be satisfied until it's done. really? i mean speaker boehner as i under it gave lots of republicans, members of congress, other leaders in this situation assurances that this would happen before this congress left. it didn't. now, it is certainly more positive that they said they are going to vote than saying nothing at all. but what message has speaker boehner sent to you that people who are the victims of hurricanes, earthquakes, fir
or so, after about a 20-minute meeting with the speaker john boehner and the majority lead eric cantor congressman peter king of new york met with reporters, listen to this, speaker and he said this. >> bottom line is that between friday morning and january 15th, two votes we'll bring $60 billion as absolutely necessary to new york, new jersey and connecticut. so as far as i'm concerned, i think i can speak to all members of the new york and new jersey delegations it was an extremely...
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cantor and kevin mccarty. kathy mcmorris rogers entereded this statement. the house will honor the statement to consider the senate agreement if it is passed. whether the house will rescind or properly amend the measure won't be met until they and the american people can review the legislation. >> what do you think the chance is with both parties not happy with the compromise reached. what do you think the chances are that it will pass, probably in the senate but not run into trouble in the house? >> you heard vice president biden. the white house has put forth a deal and gotten some republicans is in leadership so go along with this. is a big step. we're going to see the republican party rear its ugly head and see how rogue they want to be in going against the majority of americans. very clear. you look at every poll out there protect social security, medicare, medicaid. in this round, that's exactly what the white house did. republicans want to go against that, they have to deal with it in 2014. they want th
cantor and kevin mccarty. kathy mcmorris rogers entereded this statement. the house will honor the statement to consider the senate agreement if it is passed. whether the house will rescind or properly amend the measure won't be met until they and the american people can review the legislation. >> what do you think the chance is with both parties not happy with the compromise reached. what do you think the chances are that it will pass, probably in the senate but not run into trouble in...
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cantor in particular. jon: that's what we're talking about. let me play for you what senator tom harkin said just a bit ago. we opened the senate session this hour with senate majority leader harry reid who basically said we're still talking but no progress or no real progress to report. didn't say much very frankly. then senator harkin took the microphone. here is what he had to say. >> if we're going to have a deal, the deal has to favor the middle class, the real middle class, those making 30, 50, 60, $70,000 a year. that is the real middle class in america. and as i see this thing developing, quite frankly, as i have said before, no deal is better than a bad deal. this looks like a very bad deal the way this is shaping up. jon: ron, what about that plan b bill that the house passed or you know, what was considering, that would have raised taxes on those making a million dollars and up? >> well that is what is confusing me is that we want, republicans want to save taxpayers as many taxpayers as possible
cantor in particular. jon: that's what we're talking about. let me play for you what senator tom harkin said just a bit ago. we opened the senate session this hour with senate majority leader harry reid who basically said we're still talking but no progress or no real progress to report. didn't say much very frankly. then senator harkin took the microphone. here is what he had to say. >> if we're going to have a deal, the deal has to favor the middle class, the real middle class, those...
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investigator boehner spoke with christie and then a and eric cantor met with congressional delegations from new york and new jersey aassured them that a sandy package in a new form is their pop tryer on the. the newly sworn in house will vote on getting immediate resources to the national flood insurance program and then on the 15th, the first full day of the new legislative session, there will be votes on the rest of the sandy aid package. in washington, shannon breen, fox news. >>> also in this morning's top stories, classes resume for students and teachers of sandy hook elementary school. this comes less than three weeks after the deadly shooting there. classes will be held in a former middle school just down the road from the shooting scene in the town of monroe. parents and students got a look at their new school at an open house yesterday. former principal of sandy hook who just retired two years ago will return to that role today. >>> also in the headlines, secretary of state hillary clinton out of the hospital. we'll have an update on her condition when we continue. . >>>
investigator boehner spoke with christie and then a and eric cantor met with congressional delegations from new york and new jersey aassured them that a sandy package in a new form is their pop tryer on the. the newly sworn in house will vote on getting immediate resources to the national flood insurance program and then on the 15th, the first full day of the new legislative session, there will be votes on the rest of the sandy aid package. in washington, shannon breen, fox news. >>>...
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congressman issa no small fry there we also heard from eric cantor that he is against the bill. how damning is it that top republicans are coming out saying they're opposed to deal? >> that is very problematic. that could be a situation where a number about republicans say, look we have tax rates that have gone up. it is beyond january 1st, midnight. what this represents, this proposal is a tax cut, a major tax cut, basically for anybody, any family making less than $450,000 a year. on top of that, you also got this next round upcoming that of a debt ceiling fight. there are republicans like senator lindsey graham who are saying look, make sure you take the debt ceiling fight with your spending cuts, for the spending cut fight. why don't we make sure we cut taxes now and move onto that next round? that is a feeling among a number about republicans here. you have a significant amount of democrats, perhaps who could potentially come along with this. it is still so early in the stage, can't believe we're saying it is early in this because it is beyond the fiscal cliff deadline and
congressman issa no small fry there we also heard from eric cantor that he is against the bill. how damning is it that top republicans are coming out saying they're opposed to deal? >> that is very problematic. that could be a situation where a number about republicans say, look we have tax rates that have gone up. it is beyond january 1st, midnight. what this represents, this proposal is a tax cut, a major tax cut, basically for anybody, any family making less than $450,000 a year. on...
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cantor who you see next to him possibly launching some kind of -- but it seems to me he's in a position the republicans in the senate and the white house are really the ones who will negotiate this deal and potentially you have ten or twelve republicans in the senate that will pass something and throw it back to boehner and then it will be a question, will he have a vote? >> 32 bills passed the house that are sitting in the senate that will never see the light of day. >> it's ridiculous. you are playing basketball and you have five guys on your team and the other side has one player and you are still getting beat because you keep turning over the ball, that's what it seems like. i don't understand how think lost it already and i think they have. the fact it's been so mismanaged, there's been a leadership crisis, there hasn't been enough consensus in terms what have to do, there seems to be splits in the party on how to approach this and they keep on losing ground and obama got to go on vacation in hawaii. lucky him. >> and if the bush tax cuts expire and president obama says, hey, repub
cantor who you see next to him possibly launching some kind of -- but it seems to me he's in a position the republicans in the senate and the white house are really the ones who will negotiate this deal and potentially you have ten or twelve republicans in the senate that will pass something and throw it back to boehner and then it will be a question, will he have a vote? >> 32 bills passed the house that are sitting in the senate that will never see the light of day. >> it's...
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if eric cantor and john bainer and kevin mccarthy don't like it, who is going to buck leadership and vote with democrats on something like this? he said, if there is at least lukewarm support from republican leaders you're likely to see more than 40 house republicans vote for it and it should pass pretty easily. then of course there is the question of are there democrats, perhaps the more liberal members of their caucus, who don't like this either? because you're going to essentially need every single democrat to vote for this and many who have said they don't like this deal. >> that would bring us to what our mike viqueira calls the inertia scenario where they decide the best thing is to go over the fiscal cliff. the democrats for some of them from their perspective it is not a bad thing because they think they have the upper hand in public opinion and also that it basically assures the elimination of bush tax cuts. on the republican side it does the same thing but then they can say, i didn't vote for a tax cut. un, they just expired. is there -- are there enough people there who re
if eric cantor and john bainer and kevin mccarthy don't like it, who is going to buck leadership and vote with democrats on something like this? he said, if there is at least lukewarm support from republican leaders you're likely to see more than 40 house republicans vote for it and it should pass pretty easily. then of course there is the question of are there democrats, perhaps the more liberal members of their caucus, who don't like this either? because you're going to essentially need every...
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but what i think the speaker and maybe majority leer eric cantor are leaving out is the reason all eyes turned to the senate is the speaker can't get the job done thursday on plan b. plan a is essentially the big deal, the $4 trillion debt plan. i was speaking a short time ago to a white house official that happened they believe the president moved halfway towards the republicans starting at only want to go raise taxes on $250,000 and above. he moved that goalpost to $400,000 or more. speaker baner was far away saying it should be $1 million. bring it up for a vote. he brought it up and had to pull it back. there is frustration among the president's aides,umping through hoops, trying to get a deal. now the president is on vacation in hawaii and there's been no progress. everyone went home for the holidays. >> i want toet this in. i have to ask, a lot of people were surprised the president announced he would come back from vacation. when did you know he was going to do that? >> we've known for at least two or three days it was likely he would come back. he wanted to spend time with the f
but what i think the speaker and maybe majority leer eric cantor are leaving out is the reason all eyes turned to the senate is the speaker can't get the job done thursday on plan b. plan a is essentially the big deal, the $4 trillion debt plan. i was speaking a short time ago to a white house official that happened they believe the president moved halfway towards the republicans starting at only want to go raise taxes on $250,000 and above. he moved that goalpost to $400,000 or more. speaker...
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but what i think the speaker and maybe majority leader eric cantor are leaving out is the reason all eyes turned to the senate is the speaker can't get the job done thursday on plan b. plan a is essentially the big deal, the $4 trillion debt plan. i was speaking a short time ago to a white house official that happened they believe the president moved halfway towards the republicans starting at only want to go raise taxes on $250,000 and above. he moved that goalpost to $400,000 or more. speaker baner was far away saying it should be $1 million . he brought it up and had to pull it back. there is frustration among the president's aides, jumping through hoops, trying to get a deal. now the president is on vacation in hawaii and there's been no progress. everyone went home for the holidays. >> i want to get this in. i have to ask, a lot of people were surprised the president announced he would come back from vacation. when did you know he was going to do that? >> we've known for at least two or three days it was likely he would come back. he wanted to spend time with the family and go t
but what i think the speaker and maybe majority leader eric cantor are leaving out is the reason all eyes turned to the senate is the speaker can't get the job done thursday on plan b. plan a is essentially the big deal, the $4 trillion debt plan. i was speaking a short time ago to a white house official that happened they believe the president moved halfway towards the republicans starting at only want to go raise taxes on $250,000 and above. he moved that goalpost to $400,000 or more. speaker...
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and you have eric cantor waiting in the wings ready to become the leader of the republican party if bane ser challenged. >> how do the markets react tomorrow if it does get the green light? >> i think they'll be positive until the next crisis and you'll have me again talking about the debt ceiling increase and the sequestration which they pushed for two months, but they'll get a reprieve. there's sort of a modest certainty for about two months. >> you bring up a very good point because this is sort of kicking the can down the road. >> once again, yeah. it's just to get through to the next crisis. >> yeah, all right. mark platkin, we'll be talking again soon. thanks. >>> to metro now with another violent attack on board a bus. this time, a woman stabbed in the chest. it happened southeast around 2:15 this morning. a second woman was hit in the head. the attacker ran away on foot until the bus driver pulled over and called police. >>> police in williams county gathered tonight to honor an officer killed in a crash. this is the third line of duty death since the department was founded in 19
and you have eric cantor waiting in the wings ready to become the leader of the republican party if bane ser challenged. >> how do the markets react tomorrow if it does get the green light? >> i think they'll be positive until the next crisis and you'll have me again talking about the debt ceiling increase and the sequestration which they pushed for two months, but they'll get a reprieve. there's sort of a modest certainty for about two months. >> you bring up a very good...
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Dec 27, 2012
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house majority leader eric cantor telling republican members they should be back on sunday evening to be prepared to work. though much like the senate they have nothing to vote on right now. it is a positive sign if congressional leaders reach some type of a deal the house and senate will be in town to get votes on the record, but still there is no deal worked out right now between top democrats and top republicans in washington. house republicans are calling on the senate to pass their various proposals dealing with the fiscal cliff. the senate majority leader says it is up to the house to pass the senate plan. >> so i say to mr. speaker, take the escape we have left you. put the economic fate of the nation ahead of your own fate as speaker of the house. millions of middle class families are nervously watching, waiting and counting down the moments until our taxes go up. >> senate minority leader mitch mcconnell is expected to take the senate floor a few minutes from now. he has been saying his office has been saying throughout the day when senate democrats offer a plan, republicans
house majority leader eric cantor telling republican members they should be back on sunday evening to be prepared to work. though much like the senate they have nothing to vote on right now. it is a positive sign if congressional leaders reach some type of a deal the house and senate will be in town to get votes on the record, but still there is no deal worked out right now between top democrats and top republicans in washington. house republicans are calling on the senate to pass their various...
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Dec 28, 2012
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eric cantor says the house could be in session until january 2nd. that's the day before the new congress is sworn in. boehner, meanwhile, still maintains that it's up to the senate at this point to make the first move. >>> going over the fiscal cliff could have a huge impact on the local economy. thousands of people could lose their jobs, especially federal employees and government contractors. the defense industry could face billions of dollars in cuts. >> i represent the third largest number of federal employees and probably the largest single number of federal contractors. so that federal nexus is really important to our economy. we immediate to end the uncertainty. >> economists say it is possible, though, this new terminology to step over if you will the cliff. that means lawmakers will reach some kind of a deal a few weeks after the new year begins. >>> retailers are bracing for more bad news as thousands of workers at u.s. ports are preparing to strike. jackie deangelis live with that story and more. jackie? >> good morning, aaron. time is ru
eric cantor says the house could be in session until january 2nd. that's the day before the new congress is sworn in. boehner, meanwhile, still maintains that it's up to the senate at this point to make the first move. >>> going over the fiscal cliff could have a huge impact on the local economy. thousands of people could lose their jobs, especially federal employees and government contractors. the defense industry could face billions of dollars in cuts. >> i represent the third...
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that was something that was worked up by him and eric cantor and others. so the real test here and i think challenge the president and john boehner sitting down again over the next three or four days. i think we have a few more days. we go over the cliff on the first but the new congress isn't sworn in until january 3rd. if they can work out, maybe just a small deal now. maybe down payments on cuts. maybe it is protecting, certainly protecting tax cuts for the middle class and small businesses and doing, you know, a few things to medicare, and then that gets us into next year where we can do bigger stuff like corporate tax reform and larger reforms to the tax code. jon: amos, what do you think about that proposal? >> that proposal, the whole situation is telling. we didn't have to be here. we all saw this coming for months. we knew it was coming. doug is right, house republicans did act. they acted to stop the defense cuts and stop the tax hikes. what happened since then, senate democrats have done nothing with it. i think president obama, senator reid, th
that was something that was worked up by him and eric cantor and others. so the real test here and i think challenge the president and john boehner sitting down again over the next three or four days. i think we have a few more days. we go over the cliff on the first but the new congress isn't sworn in until january 3rd. if they can work out, maybe just a small deal now. maybe down payments on cuts. maybe it is protecting, certainly protecting tax cuts for the middle class and small businesses...
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Dec 27, 2012
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the house speaker john boehner, his number two eric cantor the majority leader put out a statement putting the onus on president obama and for the reason why there has not been a deal so far. basically saying they can't move forward in the house without some sort of action in the senate the next few days. what they left out of that, unfortunately, is the reason why they are waiting on the senate to do something. the senate coming into session tomorrow, by the way. is that speaker boehner couldn't get enough votes to move forward on a plan to avert the cliff last week. that's why we are where we are right now. the president will be boarding air force one in a few hours. flying overnight back to washington. is he likely to bring together congressional leaders in the next couple days when he he gets back to washington. time is running out, harris. >> harris: no breaking news in any of that. but we did see some today. treasury secretary tim geithner saying we could hit the debt ceiling the day after we follow off the fiscal cliff if no deal is reached. >> that's right. december 31st. a lot goi
the house speaker john boehner, his number two eric cantor the majority leader put out a statement putting the onus on president obama and for the reason why there has not been a deal so far. basically saying they can't move forward in the house without some sort of action in the senate the next few days. what they left out of that, unfortunately, is the reason why they are waiting on the senate to do something. the senate coming into session tomorrow, by the way. is that speaker boehner...
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Jan 2, 2013
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you can go back and say, yeah, but eric cantor didn't vote what you needed him on, why do you need me? it's going to be interesting to see how it moves forward, and i think boehner needs to draw a hard line against president obama, because he needs to assert his leadership here in a big, powerful way. >> i want to talk to you in a moment about sandy, but first to kelly, because they failed to do anything on the relief for sandy victims. kelly, what does it say about this congress as at noon today went out of power, the congress has gone or noon tomorrow, rather, goes out of power. the congress is gone, it's over, it's the worst on record, and now they didn't do anything for the relief of the real victims of hurricane sandy. >> this is so politically damaging, because the expectation was that the house would act. the senate did, they put together a package worth $60.4 billion. there had been a lot of foot dragging, i think the term from democrats who wanted more faster, given how long ago sandy hit. what hurts politically, in the latest of the hour, about midnight last night, there wer
you can go back and say, yeah, but eric cantor didn't vote what you needed him on, why do you need me? it's going to be interesting to see how it moves forward, and i think boehner needs to draw a hard line against president obama, because he needs to assert his leadership here in a big, powerful way. >> i want to talk to you in a moment about sandy, but first to kelly, because they failed to do anything on the relief for sandy victims. kelly, what does it say about this congress as at...
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Jan 3, 2013
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cantor had promised that there would be a vote. and the reason had to do with the fiscal cliff, ashley. all day long yesterday the speaker was getting an earful from his members that there weren't spending cuts in this fiscal cliff deal. so i'm told by reliable republican sources he simply felt the last thing he could do politically for internal politics was to put a vote on the floor right afterwards with $60 billion in new spending that's not paid for. that's the reason why you heard chris christie in new jersey really getting personal and really talking about palace intrigue and interparty politics because that's what went on. it was just the feeling that it was just too much tumult in a toxic environment when it comes to spending. >> i'm not sure i understand whether it was displeasing tumult or tumult that would jeopardize getting an actual bill. i didn't see that point being maid. if that's what the speaker meant, if that was the merit of his argument for not holding that vote why didn't he say that? >> reporter: his aides sa
cantor had promised that there would be a vote. and the reason had to do with the fiscal cliff, ashley. all day long yesterday the speaker was getting an earful from his members that there weren't spending cuts in this fiscal cliff deal. so i'm told by reliable republican sources he simply felt the last thing he could do politically for internal politics was to put a vote on the floor right afterwards with $60 billion in new spending that's not paid for. that's the reason why you heard chris...
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Jan 2, 2013
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. >> reporter: republican majority leader eric cantor told reporters he did not support the bill in its current form. do you personally oppose the bill? >> i do not support the bill. >> reporter: the senate agreement postpones harsh across-the-board spending cuts for a few months. it also makes bush-era tax cuts permanent for individuals making under $400,000 a year and families making under $450,000 a year. the white house sent vice president joe biden here to capitol hill to try to broker a deal with the house just like he did in the senate. house democrats are welcoming his help. >> vice president biden has worked very hard to come to a compromise. by definition, a compromise has elements in it that each party does not like. >> i think that we've mad i think that we've made gigantic progress. i hope that we can have a bipartisan agreement as we go forward. >> reporter: even though the country went over the "fiscal cliff" at midnight monday officially, the senate version of the bill makes all tax cut extensions retroactive to the beginning of the year. and right now house members are
. >> reporter: republican majority leader eric cantor told reporters he did not support the bill in its current form. do you personally oppose the bill? >> i do not support the bill. >> reporter: the senate agreement postpones harsh across-the-board spending cuts for a few months. it also makes bush-era tax cuts permanent for individuals making under $400,000 a year and families making under $450,000 a year. the white house sent vice president joe biden here to capitol hill to...
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Dec 28, 2012
12/12
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there were also some spending cuts that the vice president and house majority leader eric cantor negotiated a year 1/2 ago that were put on the table. perhaps if you include some of that you increase some of the spending. what the democrats will be the spending on doctors fix, that is preventing doctors from getting a pay cut if they treat medicare patients and extending patch for alternative minimum tax to insure 10 of millions of americans don't have to pay the amt for this year, that is something congress typically does at the end of every year. it is not honest budgeting in washington. these are ideas that have come about basically as democrats and republican haves to throw the spending together at the end of every year. adam: we have about a minute before the president will start speaking the spending cuts that are on the table, there are a lot of people say that is enough to put the economy into recession. is that going to keep the democrats from possibly approving this deal? >> depends on the spending cuts. right now you're talking about $94 billion in what is known as the sequester.
there were also some spending cuts that the vice president and house majority leader eric cantor negotiated a year 1/2 ago that were put on the table. perhaps if you include some of that you increase some of the spending. what the democrats will be the spending on doctors fix, that is preventing doctors from getting a pay cut if they treat medicare patients and extending patch for alternative minimum tax to insure 10 of millions of americans don't have to pay the amt for this year, that is...
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Jan 2, 2013
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there were some gop leaders who voted no including the majority leader, eric cantor. the senate passed the measure early tuesday morning. and the bill raises tax rates for families making more than $450,000 a year, let the payroll tax cut expire, with delays automatic government and military spending cuts by two months. speaking after the house vote, the president thanked congress for approving the deal. >> the sum total of all the budget agreements we've reached so far proves that there is a path forward. that it is possible. if we focus not on our politics but let's -- on what's right for the country. and the one thing that i think hopefully in the new year we'll focus on is see figure we can put a package like this together with a little bit less drama, a little less brinksmanship, not scare the heck out of folks quite as much. >> the bill does set up the next fight in around two months when the spending cuts are set to take effect and the u.s. hits the debt ceiling. treasury secretary geithner's trying to take steps to delay that date by halting investment in two
there were some gop leaders who voted no including the majority leader, eric cantor. the senate passed the measure early tuesday morning. and the bill raises tax rates for families making more than $450,000 a year, let the payroll tax cut expire, with delays automatic government and military spending cuts by two months. speaking after the house vote, the president thanked congress for approving the deal. >> the sum total of all the budget agreements we've reached so far proves that there...
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Dec 29, 2012
12/12
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cantor could end up speaker. it's a dicey situation for boehner. >> that's why maybe if we go over the cliff and tax goes up on everybody and then they can vote in january to cut taxes on say 98% of people. that's sort of the reverse logic that the republicans will twist themselves into thinking that they've done something here, but either way taxes on the wealthy are going up. i think they finally understand that. >> the real issue is if i were boehner or mitch mcconnell, i would want to put this issue behind us as quickly as we can because we're going to move on to the gun control debate january, february, march. that's a very favorable issue for republicans. >> they wouldn't even go on tv to talk about it, but that's a separate issue. >> we're short on time. we're looking at sunday night the house coming back in presumably to vote on something. we don't know what. what's the timeline? are you expecting that the speaker is going to call the house back in sunday because they will have a deal in place by then? >>
cantor could end up speaker. it's a dicey situation for boehner. >> that's why maybe if we go over the cliff and tax goes up on everybody and then they can vote in january to cut taxes on say 98% of people. that's sort of the reverse logic that the republicans will twist themselves into thinking that they've done something here, but either way taxes on the wealthy are going up. i think they finally understand that. >> the real issue is if i were boehner or mitch mcconnell, i would...
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Dec 26, 2012
12/12
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but really with the senate, john boehner, eric cantor with mccarthy and morris are saying is there are two bills the house passed to deal with the fiscal cliff that are now over the united states senate. if the senate wants to do anything with them, amend them and send them back to the house and perhaps the house will act on it. essentially what boehner is saying is we're not making any moves until the senate amends the two bills we passed over or sends a new one. what are in those bills? well, they essentially extend the bush tax cuts permanently for all earners. and then to avert the sequester and other types of cuts, they make what a lot of liberals have called draconian cuts to meals on wheels, food stamps. it goes into discretionary spending. the house passed bills are absolutely would go nowhere. and would be vee toad by president obama. so this is what we're seeing on the statement the day after christmas is while you guys figure out some solution, we wash our hands of it. >> as a follow-up, i'm putting my press secretary hat on for a second and say the response i would expect f
but really with the senate, john boehner, eric cantor with mccarthy and morris are saying is there are two bills the house passed to deal with the fiscal cliff that are now over the united states senate. if the senate wants to do anything with them, amend them and send them back to the house and perhaps the house will act on it. essentially what boehner is saying is we're not making any moves until the senate amends the two bills we passed over or sends a new one. what are in those bills? well,...
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eric cantor was among the republicans opposing the deal. in the end, supporters won the vote. >>> taxes will remain the same for 98% of americans. they will go up for those making $400,000 and couples who make more than $450,000 a year. spending cuts were postponed for two months, which means we could be going through a similar debate before spring. president obama says he supports a balanced approach to reducing our deficit. >> we can't simply cut our way to prosperity. cutting spending has to go hand in hand with further reform tax code. the wealthiest corporations and individuals. can't take advantage of loopholes and deductions that aren't available to most americans. >> get ready for another fiscal debate in the coming months. congress and the white house will talk about the debt ceiling. we could reach the limit by the end of february. and won't likely agree to raising it without guarantees of spending cuts. despite this bill, you may notice your paycheck is a little smaller this year. that's because a temporary cut in a payroll tax j
eric cantor was among the republicans opposing the deal. in the end, supporters won the vote. >>> taxes will remain the same for 98% of americans. they will go up for those making $400,000 and couples who make more than $450,000 a year. spending cuts were postponed for two months, which means we could be going through a similar debate before spring. president obama says he supports a balanced approach to reducing our deficit. >> we can't simply cut our way to prosperity. cutting...
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Jan 3, 2013
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republican leader eric cantor broke ranks with the speaker when the deal came up for a vote. boehner and house budget chairman paul ryan voted for the bill, while cantor and house whip kevin mccarthy voted against it. what does that tell you? president obama needs to move forward with plans to avoid the next fiscal crisis, the debt ceiling. he is not worried about engaging with a fractured gop. the president is going right back to you, the american people. the white house getting after it. put on their website, publishing the facts sheet. what this tax deal is all about. the details were shared on the president's massive e-mail list. the white house also released a video where the president explained his strategy of tax cuts and deficit reduction. >> so instead we're solving this problem in several steps. last year we started reducing the deficit through $1 trillion in spending cuts. and the agreement we reached this week will reduce the deficit even more by asking the wealthiest 2% of americans to pay higher taxes for the first time in two decades. so that's progress. >> pre
republican leader eric cantor broke ranks with the speaker when the deal came up for a vote. boehner and house budget chairman paul ryan voted for the bill, while cantor and house whip kevin mccarthy voted against it. what does that tell you? president obama needs to move forward with plans to avoid the next fiscal crisis, the debt ceiling. he is not worried about engaging with a fractured gop. the president is going right back to you, the american people. the white house getting after it. put...
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Dec 27, 2012
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again, eric cantor telling folks that the house will be called back sunday evening, 6:30. meanwhile, speaker boehner reportedly told members, quote, his words here, we have done our job. it is now up to the senate to act. we'll see if they do anything. we'll be right back with our gut check. or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection. >>> a lot going on today and here's some of the things we thought you should know. epa administrator jackson the latest member of the cab note announce she's stepping down next month and ready for new challenges and time with her family. her tenure marked by high profile brawls with industry and congressional republicans over issues of global warming, pollution and of course the keystone oil pipeline. also new controls on coal fired plants, as well. >>> court dwokmentes show mike crapo of utah admitted several shots of vodka before being arrested early sunday in alexandria, virginia. released on $1,000 bond and scheduled to appear in court january 4
again, eric cantor telling folks that the house will be called back sunday evening, 6:30. meanwhile, speaker boehner reportedly told members, quote, his words here, we have done our job. it is now up to the senate to act. we'll see if they do anything. we'll be right back with our gut check. or you can get out there and actually like something. the lexus december to remember sales event is on. this is the pursuit of perfection. >>> a lot going on today and here's some of the things we...
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Jan 2, 2013
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earlier in the day there was all sorts of dissension, eric cantor among others, saying they weren't going to go for it. >> he may at the end of the day vote no. you're going to see a lot of republicans and a fair number of democrats vote no as well. what accounts for that is this is i think a classic compromise that nobody likes, meaning everybody lost things that they want and that is actually the way legislating used to be, that not everybody is happy but you realize you got to do what's best in order to actually get something passed. >> in terms of the white house, do they view this as a win for the president? >> yes. this is something the president campaigned on and what's in this bill is largely -- largely democratic priorities, anderson. $450,000 as the threshold wasn't what the president wanted but in principle that is the notion that the president wanted, tax increases for the wealthiest americans. it extends unemployment benefits for a year and it's not paid for. republicans wanted it paid for. but think about some of the other measures. they're doing things like patching this do
earlier in the day there was all sorts of dissension, eric cantor among others, saying they weren't going to go for it. >> he may at the end of the day vote no. you're going to see a lot of republicans and a fair number of democrats vote no as well. what accounts for that is this is i think a classic compromise that nobody likes, meaning everybody lost things that they want and that is actually the way legislating used to be, that not everybody is happy but you realize you got to do...
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Jan 2, 2013
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eric cantor came out against that bill. john boehner sort of held his ground and didn't say anything. was trying to gauge his conference. after they talked to some leadership aides and they talked to other leaders throughout the conference, they went back at about 5:15 tonight. they spoke to their members and said we're going to give you a chance to vent by adding a spending cut amendment for $330 billion. but if you guys can't get the 217 votes on that, which will all be republican votes because not one democrat will support that, when they whipped it and are trying to get the 217 votes, if they can't get the votes, then the senate bill would go to the floor. it's very odd. a lot of people are asking if this has been the strategy and it's unlikely for them to get the 217 votes which it is, then why go through this? this is boehner's leadership style. he tries to let his conference vent, talk about their grievances. oftentimes it's embarrassing for them like it's been so far today. but they believe at the end when it's over
eric cantor came out against that bill. john boehner sort of held his ground and didn't say anything. was trying to gauge his conference. after they talked to some leadership aides and they talked to other leaders throughout the conference, they went back at about 5:15 tonight. they spoke to their members and said we're going to give you a chance to vent by adding a spending cut amendment for $330 billion. but if you guys can't get the 217 votes on that, which will all be republican votes...
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Jan 2, 2013
01/13
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cantor. some democrats oppose the deal. in the senate, iowa democrat tom harkin was one of eight senators who voted against it. >> i am not saying everything this deal is bad. there are some good parts to this. but i repeat, i am concerned about this constant drift bit by bit, deal by deal toward more deficits, less job creation, more and fairness, less economic justice. a society where the gap goes wider between the few who have much in the many who have too little. so, mr. president, for these reasons, i must in good conscience vote no on this bill. >> despite passage of the deal, many in the u.s. was the tax increase after the expiration of the payroll tax cut enacted in 2011. when we come back from the break, we will be joined by a boston economist juliet schor. this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman. back in a minute. ♪ [music break] >> "unsatisfied." this is "democracy now!," democracynow.org, the war and peace report. i'm amy goodman wit
cantor. some democrats oppose the deal. in the senate, iowa democrat tom harkin was one of eight senators who voted against it. >> i am not saying everything this deal is bad. there are some good parts to this. but i repeat, i am concerned about this constant drift bit by bit, deal by deal toward more deficits, less job creation, more and fairness, less economic justice. a society where the gap goes wider between the few who have much in the many who have too little. so, mr. president,...
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we have not been told yet that -- we have been told that the house majority leader eric cantor has not voted yet. we don't have world o word of d other names we don't have big republican names as of yet but you can see the tally continues as time is ticking down. again the magic number we believe to be about 210 to pas this piece of legislation. we are back with the panel. a.b., the boehner vote and well, the significance of what you are seeing there on the screen? >> well, interesting that they have lost ten democrats so far. that number could grow. but if they could -- if the democrats contained it, that is pretty interesting and you heard some, you new york city leadership exhorting the members to support it. >> bret: almost twice as many democrats at this point. >> right. i'm told that the boehner vote on the rule was a good sign from members who are going to vote for this and hold their nose. they were looking for leadership cover and boehner voting on the rule gave them the sense that that -- that he would -- that he would come and vote for the bill and they are hoping that that
we have not been told yet that -- we have been told that the house majority leader eric cantor has not voted yet. we don't have world o word of d other names we don't have big republican names as of yet but you can see the tally continues as time is ticking down. again the magic number we believe to be about 210 to pas this piece of legislation. we are back with the panel. a.b., the boehner vote and well, the significance of what you are seeing there on the screen? >> well, interesting...
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Dec 27, 2012
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eric cantor ridge just announce the house plans to return on sunday at 6:30 p.m. and will be in session sunday through friday, that is after new year's by my calendar, still awaiting senate action but will be back on sunday, 40 hours that you were talking about. it is time for stocks. we head back to nicole petallides on the floor of the stock exchange. nicole: the best levels of the last few hours and wonder if people are saying i like it, put me in extra effort. a moment ago, the last half hour we were down 140 points so we are seeing some improvement in the market right now. let's talk about two names on the move, smith and wesson we are talking about, saw them selling off dramatically after the shooting in connecticut. just 3.5%, repurchasing of $15 million in shares. also dominos pizza, a great performer today and stock hitting an all-time high, oppenheimer raising the price to $50 and earnings per share, a vase a domino's pizza looking good, potential bright spot to the year 2013. tracy: coming up talking about the weather, a winter storm wreaking havoc on p
eric cantor ridge just announce the house plans to return on sunday at 6:30 p.m. and will be in session sunday through friday, that is after new year's by my calendar, still awaiting senate action but will be back on sunday, 40 hours that you were talking about. it is time for stocks. we head back to nicole petallides on the floor of the stock exchange. nicole: the best levels of the last few hours and wonder if people are saying i like it, put me in extra effort. a moment ago, the last half...